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Housing

Hoping the Bubble Stays Inflated

By

David Wessel Staff Reporter of THE WALL STREET JOURNAL

Updated Sept. 24, 2005 12:01 a.m. ET

With tentative signs that the boom in housing may be cooling off, Congress again is wrestling with whether to rein in Fannie Mae and Freddie Mac, the giant companies that pump billions of dollars into mortgages every year.

A Fannie-Freddie bill could come before Congress soon. In the meantime, the National Association of Realtors will give its read on housing Monday, when it reports how well existing homes sold last month. And on...